So basically, New Orleans is completely starting from scratch —
exchanging ~$42 million of salary in 2012-13 and 2013-14 for $23
million of salary next year.

They'll conceivably use Lewis' expiring contract in a trade next
year.

The Hornets are going to start fresh with Eric Gordon, Anthony
Davis, and loads of cap space, which is pretty promising.

The Wizards, for their part, actually did okay here.

They desperately need rotation players to go alongside John Wall
and Nene, and that's exactly what Okafor and Ariza are. If they
pick a two guard like Bradley Beal at No. 3, a starting five of
Wall-Beal-Ariza-Okafor-Nene would be pretty decent in the East.